Describe the political and economic changes that occurred in medieval Europe that later led to European colonization. (1 point)
1. Political changes included the emergence of banks and loans. Economic changes included the Reconquista and the fall of Constantinople.
2. Political changes included an increase in trade. Economic changes included a rebalance of economic power due to human labor shortage.
3. Political changes included the rise of European monarchies and changes in the balance of power in Europe. Economic changes included a rebalance of economic power due to a human labor shortage.
4. Political changes included the decline of nation-states and city-states. Economic changes included the East-West Schism.
3. Political changes included the rise of European monarchies and changes in the balance of power in Europe. Economic changes included a rebalance of economic power due to a human labor shortage.
During the medieval period in Europe, there were significant political and economic changes that eventually led to European colonization. One of the political changes was the rise of powerful European monarchies. This consolidation of power led to more centralized and unified governments, which provided the necessary stability and resources for explorations and colonization efforts.
As these monarchies grew in power, they sought to expand their influence and wealth. European monarchs believed that acquiring colonies and establishing trade networks overseas would bring economic benefits to their nations. Additionally, with the decline of the feudal system, there was a shift towards a more capitalist economy, which also encouraged exploration and colonization.
Economically, during the medieval period, there was a rebalance of economic power due to a shortage of labor caused by various factors, such as the Black Death and the decline of serfdom. The human labor shortage led to an increase in wages, which in turn led to higher prices for goods and a reorganization of the economy.
The combination of political changes, such as the rise of European monarchies and changes in the balance of power, along with the economic changes brought about by the scarcity of labor, laid the foundation for European colonization efforts. The desire for wealth, trade networks, and access to new resources motivated European powers to explore and settle in other parts of the world.